Capital Markets | Healthcare & Life Sciences
Just Closed
Recently Completed, Class A Medical Outpatient Lease-up Opportunity in Austin, TX
Transaction Highlights
Date Closed: 5/15/24
Size: 129,382 SF
Occupancy: 6%
1401 Philomena at Mueller | 1401 Philomena Street | Austin, TX
CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of 1401 Philomena at Mueller (the “Property”) located in Austin, Texas, one of the fastest growing metropolitan areas in the nation.
This new construction facility is a five-story, best-in-class medical outpatient building spanning 129,382 square feet. Constructed in 2023, the property is currently 6.1% leased and holds prestigious accolades such as LEED Gold certification, being a 2023 Tilt-Up Award Winner, and being classified as an Austin Energy Green 3-Star Building. The design prioritizes the comfort of both patients and staff, featuring superior building access, state-of-the-art mechanical systems, touchless fixtures, a patient lounge, central outdoor courtyard, and luxurious finishes. For convenience, the property includes an attached parking garage with 559 spaces, accessible through a covered walkway and bridge access on level four, and is fully equipped for electric vehicle charging.
The property is located adjacent to the renowned Ascension 248-bed Dell Children’s Hospital, serving a vast 46-county area and offering the most comprehensive range of pediatric specialists and specialty programs in central Texas.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
For more information, please contact:
Chris Bodnar
Vice Chairman and Managing Director
Investment Properties
+1 720 635 2653
Brannan Knott
Executive Vice President
Investment Properties
+1 443 983 6039
Zack Holderman
Senior Vice President
Debt & Structured Finance
+1 858 337 9412
Cole Reethof
Vice President
Investment Properties
+1 404 504 7864
Trent Jemmett
Senior Director
Investment Properties
+1 858 646 4740
Jesse Greshin
Vice President
Debt & Structured Finance
+1 860 808 4810
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
